Current outcome
Cardano DReps let Input Output's 12.29 million ADA treasury request for Pogun expire without ratification; Koios recorded 64.33% of delegated representative voting power against and 35.67% in favor, while the Constitutional Committee recorded seven yes votes (100% committee approval). In a Sept. 18, 2026 broadcast, Charles Hoskinson said Input Output will choose the best network for each product rather than automatically prioritizing Cardano, while saying Pogun is still headed to Cardano; the proposal had offered 20% of earnings until repayment, then a perpetual 5% on Cardano-related products, with repayment tied to $2.95 million, and stated dates remain forward-looking targets.
Progress timeline
1 material updates- #01
Charles Hoskinson says Cardano no longer comes first – its treasury vote explains why
Cardano DReps let Input Output's 12.29 million ADA treasury request for Pogun expire without ratification; Koios recorded 64.33% of delegated representative voting power against and 35.67% in favor, while the Constitutional Committee recorded seven yes votes (100% committee approval). In a Sept. 18, 2026 broadcast, Charles Hoskinson said Input Output will choose the best network for each product rather than automatically prioritizing Cardano, while saying Pogun is still headed to Cardano; the proposal had offered 20% of earnings until repayment, then a perpetual 5% on Cardano-related products, with repayment tied to $2.95 million, and stated dates remain forward-looking targets.
Source evidence: CryptoSlate